Intertape Polymer Group (ITPOF) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Intertape Polymer Group (OTCMKTS:ITPOF) released its earnings results on Thursday. The industrial products company reported $0.21 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.02, Morningstar.com reports. The company had revenue of $277.82 million during the quarter. Intertape Polymer Group had a return on equity of 20.07% and a net margin of 4.41%. Intertape Polymer Group updated its FY 2019 guidance to EPS.

OTCMKTS ITPOF opened at $13.84 on Friday. The firm has a market capitalization of $811.96 million, a PE ratio of 15.21 and a beta of 1.31. Intertape Polymer Group has a 52 week low of $10.91 and a 52 week high of $15.09. The company has a quick ratio of 0.98, a current ratio of 2.06 and a debt-to-equity ratio of 1.86.

COPYRIGHT VIOLATION WARNING: “Intertape Polymer Group (ITPOF) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS” was originally posted by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this story on another publication, it was illegally copied and republished in violation of U.S. & international trademark and copyright legislation. The correct version of this story can be viewed at https://transcriptdaily.com/2019/05/11/intertape-polymer-group-itpof-posts-quarterly-earnings-results-beats-expectations-by-0-02-eps.html.

About Intertape Polymer Group

Intertape Polymer Group Inc, together with its subsidiaries, operates in the packaging industry in Canada, the United States, and internationally. It develops, manufactures, and sells various paper and film based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin films, woven coated fabrics, and complementary packaging systems for industrial and retail use.

Featured Article: How do taxes affect a CDs total return?

Earnings History for Intertape Polymer Group (OTCMKTS:ITPOF)

Receive News & Ratings for Intertape Polymer Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intertape Polymer Group and related companies with MarketBeat.com's FREE daily email newsletter.